Description

The business has grown to 100 people over the last 5 years and have offices in London, New York, Miami, Geneva, Milan and Dubai. They are looking for a fund accountant to support the London team. This is a fast-paced business and your exposure to the senior decision makers will be daily. The business operate on 5 days a week in the office as usual however there is flexibility to work from home on an adhoc basis.

The team currently comprises the Head of Fund Finance plus two other fund controllers based in London and New York. The function covers the daily, monthly, annual, and ad hoc reporting of the fund's accounts and performance to management and investors.

The Fund Finance team is looking to hire an experienced fund accountant to take ownership of the performance and NAV reporting across the funds. The launch of several new fund strategies (FX, non-linear/exotic rates and Equities) (which operate an expense pass-through model) has increased the complexity of fund reporting significantly and this hire will be key in building out scalable processes to help the business continue to grow. The role will be involved in detailed daily and monthly performance reporting, working with the broader finance team (product control, management company accounting & CFO), other second line functions and external fund administrators to deliver timely and accurate financials as well as improving controls and efficiencies that add tangible value to the broader firm and its investors.

Primary Responsibilities

• Fund Accounting and Control:
  • Production, review and distribution of performance and NAV reporting, working closely with the finance team, external fund administrators, business management, and investor relations to validate the performance and NAV (at a share class level);
  • Management of fund expenses: maintaining budgets / accrual schedules, modelling future expenses, managing invoicing and related cash-flows. Involves working closely with others in the business to ensure consistency with management company accounting & budget owners;
  • Driving forward the project to automate modelling of expenses and fund performance, working with technology and other stakeholders;
  • Understanding the financial products and strategies managed in the fund(s);
  • Assisting in the setup of new funds, administrators, auditors, systems and financial reporting structures;
  • Ensuring accurate and timely financial reporting is provided to internal and external recipients including year-end audited financial statements;
  • Liaising with external fund administrators, due diligence consultants and auditors as and when required;
  • Responding to scenario, forecasting, adhoc requests and participating in projects as well as process and control improvement initiatives

Skills and Experience Required:

• Degree educated, preferably in a numerate subject with a good classification from a leading academic institution;
• Preferably a qualified accountant
• C. 3-7 years PQE or equivalent financial services experience in a fund accounting role at a top tier investment manager working with Fund/P&L reporting systems;
• Strong, demonstrable fund accounting knowledge, preferably with experience of both 2 & 20 compensation and pass-through (beneficial but not a pre-requistie) expense structures;
• Results focused and good problem solver with a high attention to detail and accuracy;
• Self-confident with ability to hold the line and make effective decisions under pressure;
• Entrepreneurial with a high level of self-motivation and the ability to work autonomously as well as an effective team member;
• Strong planning and prioritization skills with the ability to work on multiple tasks and with multiple stakeholders;
• Excellent written and verbal communication skills;
• Proficient in MS Office, specifically a strong command of Excel. Ideally some experience driving forward tech implementation projects.